Baker Hughes Q4 EPS Forecast Decreased by Zacks Research

Baker Hughes (NASDAQ:BKR - Free Report) - Zacks Research dropped their Q4 2026 earnings per share (EPS) estimates for Baker Hughes in a research report issued to clients and investors on Wednesday, June 4th. Zacks Research analyst R. Department now expects that the company will earn $0.79 per share for the quarter, down from their previous forecast of $0.80. The consensus estimate for Baker Hughes' current full-year earnings is $2.59 per share. Zacks Research also issued estimates for Baker Hughes' FY2027 earnings at $3.06 EPS.

Baker Hughes (NASDAQ:BKR - Get Free Report) last issued its quarterly earnings results on Tuesday, April 22nd. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.48 by $0.03. Baker Hughes had a net margin of 10.70% and a return on equity of 14.58%. The company had revenue of $6.43 billion during the quarter, compared to analysts' expectations of $6.54 billion.

BKR has been the topic of several other reports. TD Cowen lowered their price objective on Baker Hughes from $50.00 to $49.00 and set a "buy" rating on the stock in a research report on Thursday, April 24th. Piper Sandler cut their price objective on Baker Hughes from $53.00 to $50.00 and set an "overweight" rating for the company in a research note on Thursday, April 24th. Evercore ISI decreased their price target on Baker Hughes from $52.00 to $50.00 and set an "outperform" rating on the stock in a report on Thursday, April 24th. Susquehanna lowered their target price on shares of Baker Hughes from $48.00 to $46.00 and set a "positive" rating on the stock in a report on Thursday, April 24th. Finally, Benchmark reiterated a "buy" rating and issued a $57.00 target price on shares of Baker Hughes in a research report on Tuesday, February 11th. Two analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $49.11.

Baker Hughes Stock Performance

Shares of BKR stock opened at $37.15 on Friday. The company's 50-day moving average is $37.44 and its 200 day moving average is $41.61. The company has a market capitalization of $36.81 billion, a price-to-earnings ratio of 12.47, a price-to-earnings-growth ratio of 2.00 and a beta of 0.96. Baker Hughes has a one year low of $30.93 and a one year high of $49.40. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.94 and a current ratio of 1.32.

Baker Hughes Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 16th. Stockholders of record on Tuesday, May 6th were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.48%. The ex-dividend date of this dividend was Tuesday, May 6th. Baker Hughes's dividend payout ratio (DPR) is presently 31.40%.

Institutional Trading of Baker Hughes

Large investors have recently modified their holdings of the company. Strategic Financial Concepts LLC bought a new stake in shares of Baker Hughes in the fourth quarter valued at about $640,000. Geode Capital Management LLC lifted its position in shares of Baker Hughes by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 24,543,925 shares of the company's stock worth $1,004,212,000 after purchasing an additional 465,832 shares during the period. Huntington National Bank boosted its stake in shares of Baker Hughes by 16.0% during the fourth quarter. Huntington National Bank now owns 116,303 shares of the company's stock valued at $4,771,000 after purchasing an additional 16,010 shares in the last quarter. Kesler Norman & Wride LLC purchased a new position in Baker Hughes during the fourth quarter valued at approximately $1,011,000. Finally, Brown Financial Advisors bought a new position in Baker Hughes in the fourth quarter worth approximately $820,000. Hedge funds and other institutional investors own 92.06% of the company's stock.

About Baker Hughes

Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. The company operates through Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET) segments. The OFSE segment designs and manufactures products and provides related services, including exploration, appraisal, development, production, rejuvenation, and decommissioning for onshore and offshore oilfield operations.

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